Anyone knows how to transfer large sum of money from DBS to UOB?

[PortaPumper]

Can make 7 figures, cannot even type grammatically correct English and punctuation.

Can lah, his 7 figures is Japanese Yen lah.

 

[mooseolly]

Register both account with paynow, one with nric one with hp number then paynow to yourself. But cannot one shot. Slowly transfer.

 

[DragonFire]

u mean 20 million and above?

Only for the creme de la creme actually.

Most local private banks min AUM for entry level services maybe USD equivalent $1m -5m?
Service levels are tiered. You need more AUM to unlock more service/privileges.

The term "Private Bank" is actually a bit fudged. "True" full service private banks require AUM US$10m and up.
One bank (can't remember which) requires $10m AUM and a net worth of >$25m.

 

[Reborn]

Only for the creme de la creme actually.

Most local private banks min AUM for entry level services maybe USD equivalent $1m -5m?
Service levels are tiered. You need more AUM to unlock more service/privileges.

The term "Private Bank" is actually a bit fudged. "True" full service private banks require AUM US$10m and up.
One bank (can't remember which) requires $10m AUM and a net worth of >$25m.

u a banker yourself?

 

[Reborn]

Can lah, his 7 figures is Japanese Yen lah.

read above. Singapore dollars!!!!!!!

Spoiler

with the decimal point and succeeding figures included in the 7 figures

 

[DragonFire]

u a banker yourself?

No. Just a humble IT guy who runs errands for people who do the banking.

 

[DragonFire]

Anyone knows any free and fast method?
For local bank to local bank, both under same name
I was quoted fees to issue check, cashorder
Bank counter can only transfer $200k max

Mmm if you don’t have access to an RM, you may need to tank the cashier’s order fees. Since the Chinese dirty laundry it has become harder to move money even between accounts belonging to the same person.

Local bank to local bank though shouldn’t be that hard. Not tried just doing electronic transfers over a few days?

 

[grevq80o]

I would like to transfer 7 figure sum from my DBS account to UOB, leaving only $500 to keep the account alive and avoid the $2 monthly maintainence fee,

In not simpur thread. MAS around? Preash adbise

 

[Reborn]

In not simpur thread. MAS around? Preash adbise

https://forums.hardwarezone.com.sg/...money-from-dbs-to-uob.6646841/#post-138160328

 

[DragonFire]

In not simpur thread. MAS around? Preash adbise

Look at the date. Anyway leave it to the banks. Thanks to dirty laundry, the banks nowadays ask a LOT of questions about the provenance of money.

 

[gilcrest]

I would like to transfer 7 figure sum from my DBS account to UOB, leaving only $500 to keep the account alive and avoid the $2 monthly maintainence fee,

Go find a Hawalal man

 

[addict951]

https://forums.hardwarezone.com.sg/...money-from-dbs-to-uob.6646841/#post-138160328

ts, how did you eventually transfer ar?
Over several days?

Who go bumped up this 3-yr-old thread ar?

 

[skytan13]

Anyone knows any free and fast method?
For local bank to local bank, both under same name
I was quoted fees to issue check, cashier order
Bank counter can only transfer $200k max

APP daily do 199k

@addict951 i think is this guy need transfer money

 

[Elfblade]

I would like to transfer 7 figure sum from my DBS account to UOB, leaving only $500 to keep the account alive and avoid the $2 monthly maintainence fee,

1800-CALL-DBS.

If you really have 7 figure sum to transfer from DBS to UOB, you wouldn't need to post a question here asking EDWMers.

If you really have 7 figure sum and don't know how to transfer from one bank to another, then you don't deserve to own such monies.

 

[tmkedmw]

Anyone knows any free and fast method?
For local bank to local bank, both under same name
I was quoted fees to issue check, cashier order
Bank counter can only transfer $200k max

U may want to check MEP method of transferring. Bank have cutoff time.
Need to pay a fee though.

 

[atamavision]

Can make 7 figures, cannot even type grammatically correct English and punctuation.

many hawkers earn 7 digits but cant write or speak good english, so?

 

[coyote]

1800-CALL-DBS.

If you really have 7 figure sum to transfer from DBS to UOB, you wouldn't need to post a question here asking EDWMers.

If you really have 7 figure sum and don't know how to transfer from one bank to another, then you don't deserve to own such monies.

That's right.

 

[stingray1211]

cashier's order is safest.
else pay now limit everyday. takes a few days .

got 7 digit but don't know how to do this ?
another joker.. ask your RM settle for you lah.

Read HWZ Forum Rules!

 

[Reborn]

ts, how did you eventually transfer ar?
Over several days?

Who go bumped up this 3-yr-old thread ar?

never la.

 

[Reborn]

1800-CALL-DBS.

If you really have 7 figure sum to transfer from DBS to UOB, you wouldn't need to post a question here asking EDWMers.

If you really have 7 figure sum and don't know how to transfer from one bank to another, then you don't deserve to own such monies.

you are right. But i already said previously, the 7 figure includes the decimal point and the numbers after it.